What Are the Big Funds Buying and Selling?

Google surpassed a bruised Apple to become the most widely-held stock among the largest mutual funds last quarter, according to Citigroup research.

Editor's note: Levkovich is the chief U.S. equity strategist for Citigroup. This report is excerpted from a longer version supplied by Citigroup.

As has been our practice for several years, we screened the top-ten holdings of the largest 50 actively managed equity mutual and hedge funds by asset size with the goal of helping us identify large cap stocks that may be over- or under-owned within the equity mutual and hedge fund...